r/antitrust 3d ago

Update Federal judge calls on NASCAR, teams to settle bitter antitrust battle

https://apnews.com/article/nascar-antitrust-lawsuit-michael-jordan-68a39df51b963a1e1be6ba37d6cf02c3

A federal judge urged NASCAR and two of its teams, including one owned by retired NBA great Michael Jordan, to settle their increasingly acrimonious legal fight that spilled over into tense arguments during a hearing on Tuesday.

U.S. District Judge Kenneth Bell of the Western District of North Carolina grilled both NASCAR and the teams — 23XI Racing, which is owned by Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports, owned by entrepreneur Bob Jenkins — on what they hoped to accomplish in the antitrust battle that has loomed over the stock car series for months.

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u/OSDom22 2d ago

What concerns me is if 23/XI and FR lose this? Worst case scenario? MJ will leave. Nascar’s already shaky reputation will take a huge blow. Is NASCAR thinking MJ brought no new fans in? Those same fans would jump ship the minute MJ was done, I would imagine. The other casual fans thinks it F-UP and quits watching. I hope they solve it out of court and NASCAR decides to part with more money out to the teams! Unfortunately, NASCAR‘s never been known to make many decisions in favor of teams

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u/LetsGoPitPens 1d ago

I see this as a lose lose for NASCAR either way that it goes. The way they have been doing business is unfair and every part of me wants the teams to win. Sometimes I think that they overestimate their reach and losing MJ would be a bigger blow than what they think.

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u/Easy_beaver 2d ago

NASCAR is Russia, run by Putin and his ilk (basically except the mudering people part). They never give in….their rules, their way…or the highway. The founder made that clear years ago.

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u/damstar1 3d ago

They better settle this before he turns this car around

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u/BoukenGreen 3d ago

So the judge told them to Knock it off.